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'll follow throughout the day here on nbc. this morning, president obama travels to new york city to witness firsthand the devastation caused by superstorm sandy and to thank first responders for their efforts. the president toured new jersey's storm-struck coast earlier this month. some of the superstorm's victims are still without power two weeks later while others lost everything. >>> a holiday tradition in manhattan today, when macy's herald square unveils its 2012 christmas windows. >>> and it's a historic day for us here at the national broadcasting center company. it was on this day in 1926 the nbc radio network debuted with 24 stations. >>> all day long you can stay on top of the very latest developments in those stories and others as they break on msnbc. and tonight be sure to watch "nbc nightly news" with brian williams. >>> and finally, here's a look at what's coming up later this morning on the "today" show. see matt's rare interview with all the members of legendary rolling stones as they celebrate 50 years together. and hoda kotb will be behind the scenes with a look at kathie
. that's the terminology i'm going to use. i want to ask you about president obama's news conference. i don't know if you saw it or not. it kind of sounded to a lot of people like top tax rates, the bush tax rates must go up in order to avoid the fiscal cliff. did you hear any compromise? did you hear any olive branches? >> well, i think the language the president is using remains confrontational. he seems obsessed with raising taxes. and i think if he continues on that line, we are headed to yet more gridlock. i mean, we're at the edge of a fiscal cliff. and i think the most important thing, larry, is that we enact policies that will improve economic growth. economic growth for the last four years has been stagnant at 1.5%. we've got to get jobs back, entrepreneurs back, and any policies that hurt growth i think are a bad idea. >> you know, one of the things, before we move on, big story in "the wall street journal" today. obama wants -- if i get this right -- a $1.6 trillion tax increase over the next ten years. $1.6 trillion. that's twice as much as the negotiated deal a year ago wit
. >>> president barack obama is going to new york city today to see the devastation from superstorm sandy. the president will tour the city's hardest hit borough, staten island. the president toured new jersey shortly after sandy hit. but mayor michael bloomberg asked the president to stay away from new york. he said then that the president's visit would take up too many resources. >>> president obama says he is willing to work with republicans on capitol hill to stop automatic budget cuts and tax hikes from kicking in at the end of the year. investors are looking for progress on a deal to stop the u.s. from falling off the so- called "fiscal cliff." also today, traders will get a look at new unemployment numbers from washington. >>> here's a shocker. california may soon have a budget surplus. the legislative budget analyst says the deficit will be about $1.9 billion this fiscal year and we could see a surplus by the year 2014. it was just a few months ago we were talking about a $16 billion deficit. >> we have to pay down our debt, borrowed from the schools, from the redevelopment fund.
reiterated america's support for their right to defend themselves. >>> it was president obama's first news conference since being reelected, and it was personal. the cbs reporter daniel nottingham reports the attack on the u.s. consulate in libya has sparked a nasty political battle in washington. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. >> reporter: at his first news conference since his reelection, the president defended un ambassador susan rice. senators john mccain and lindsey graham say they will block her elevation to secretary of state because of comments she made days after the attack on the consulate in libya. >> for them to go after the un ambassador who had nothing to do with benghazi and besmirch her reputation is outrageous. >> reporter: arizona senator john mccain took exception >> i doubt that the families of these brave americans who were murdered would believe that we are "picking on" anyone. >> reporter: the president also addressed the fiscal cliff. one way to avoid it is to extend tax -- not to extend tax cut
. president obama will head to new york. >> accounts a couple of weeks of revisited the new jersey shore. today he is going to staten island. >> the governor says he will request $30 billion in federal aid to rebuild after sandy. >> for any people still lingering without power, at temperatures of in the upper 30's right now. 41 in dc. you can see the cold air of to the west. we have a big disturbance to the west and the south. cloud cover this morning. a brick behind it. we will see more cost move in light tonight. partly sunny today and on the call side. we will stay in the low to mid 50's for the weekend. that storm looks like it would not happen for us. a cold front will pass through as a result of. that is about it. >> good morning. we have an accident in montgomery county on the inner loop of the beltway. it is after river road before you get to the exit on 270. not seeing a delay right now. that is there as you head northbound or eastbound on the inner loop of the ball to a crossing the american bridge. -- beltway crossing the american legion bridge. we are ok as you passed 290. 27
obama and his first post election news conference yesterday fired back in sharp terms. >> let me say specifically about susan rice, she has done xr exemplary work. she has represented the united states and our interests in the united nations with skill and professionalism and toughness and grace. if senator mccain and senator graham and others want to go after somebody, they should go after me. and i'm happy to have that discussion with them. but for them to go after the u.n. ambassador who had nothing to do with benghazi and was simply making a presentation based on intelligence she had received and to besmir much her reputation is outrageous. >> the republican senators were quick to respond. lindsey graham went on twitter and wrote the following. he said, "mr. president, don't think for one minute i don't hold you ultimately responsible for benghazi." senator mccain took his rebuttal to the senate floor. >> we believe whoever it is must be held responsible, i say, to the president of the united states. most importantly, the president of the united states who is commander in chief.
, 9news now. >> back to that conference president obama held. it was his first since winning his second term and there was no shortage of tough questions. >> president obama is calling on congress to extend tax cuts for middle class americans and let them expire for those making more than $250,000 a year. >> what i'm not going to do is to extend further a tax cut for folks who don't need it which would cost close to a trillion dollars. >> raising taxes is not the answer. >> additional revenue should be tied to the only thing that will save the country in the long run and that is reforming entitlement. >> both parties support immigration reform. and the president said that will be a top priority in his second term. >> we need to seize the moment. >> president obama will have to replace david patraeus at the cia. and choose a handful of new cabinet members including a new secretary of state. republicans have been critical of one possible choice. un ambassador susan rice because of interviews she gave after the attacks in libya. >> if senator mccain and graham and others want to go
will likely be larger couple of weeks. >> president obama is touring devastation in new york. thousands of residents are still without power. the president met with president them the federal t of thent will be par rebuilding process. he is requesting $30 billion in federal aid. dodge the best news i can get coastal stormhe , itave been talking about stay far enough out to sea. a good video here of what is happening with this guy coverage. it seems pretty consistently high overcast. the real clear has been held off later tonight. the official high temperature, w averageay with belo temperatures. as far as current conditions, 48 degrees in washington, 43 pittsburgh, even colder towards england, that is where the high pressure is. there.ees mild temperatures west, 51 in louis, that is the air that move here over the next couple of days. we're watching the high clouds from low pressure moving carolinas. we will: partly cloudy for the y tomorrow. that high pressure will give us mostly sunny day on saturday. because of the coastal storm hasn't formed yet, this the genesist be eventually. sim
: and we turn back to one of the topics raised in president obama's news conference today, the investigation of former c.i.a. director david petraeus. the former military leader's resignation after admitting to an extramarital affair raises questions about the standards americans hold u.s. officials and military officers. we take a look at that with two who follow civilian-military relations closely. richard kohn is professor emeritus of history at the university of north carolina. during the 1980s, he was the chief historian for the u.s. air force. and retired colonel andrew bacevich is a research fellow at notre dame's krock institute for nternational peace udies. we thank you both for joining us. before i begin i have two items to share, late-breaking items in the news on this story. the "new york times" identified the f.b.i. agent in tampa who was originally given the information from jill kelley about threatening e-mails. his name is frederick humphries, ii. he's said to be a veteran counterterrorism investigator. the second item, the associated press is reporting tha
essaying the obama campaign was generous in what they gabe to the groups. according to abc news, romney had this to say about obama's gifts to latino community. what the president did is he gave them two things. one he gave them a big gift on immigration with the dream act and the amnesty program. romney's targeting of the gift takers, african-americans, latinos, young voter is noteworthy giving the gop's problem with african-americans, latinos and young voters. romney said this, quote, with regards to african-american voters, obama care was a huge plus. and was highly motivation toll african-american voters. you can imagine for somebody making $25,000, $30,000 a year being told you're going to get free health care particularly if you don't have it, getting free health care worth, what, $10,000 a family in perpetuity, i mean this is huge. likewise, with hispanic voters, free health care was a huge plus. another word for gifts is handouts. who likes handouts better than african-americans and hispanics? never mind that according to the department of health and human services his span ins make
with the louisiana governor bobby jindal. he's standing by. and in his news conference, president obama spoke to reporters about a letter he received, one that gave him hope. you're going to hear from the man who wrote that letter. he's standing by in "the situation room" as well. my credit card rewards are easy to remember. with the bankamericard cash rewards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. 100% new. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪ but lately she's been coming in with less gray than usual. what's she up to? [ female announcer ] root touch-up by nice'n easy has the most shade choices, designed to match even salon co
happens. thank you. >> all right. >>> president obama got a firsthand look today at parts of new york that were hardest hit by superstorm sandy. thousands of new yorkers, yes, thousands of new yorkers still don't have power two and a half weeks after sandy hit. the storm is raising serious questions about the government's response, even bigger questions about weather patterns, at least for some. let's bring in our white house correspondent brianna keilar -- actually, brianna is not yet available i'm told. but we do expect to get her up soon. we'll speak to brianna keilar momentarily. we'll also have a quick check of some of the day's other top stories. that's coming up including mitt romney, did he hurt himself with gaffes during his presidential campaign? is he hurting the republican party right now with his latest comments, the louisiana governor, bobby jindal, he's standing by to join us live. (splashing)... (child screaming underwater)... (underwater noises). >>> we've reconnected with brianna keilar, our white house correspondent, brianna keilar, is watching what's going on in ne
obama told a news conference no classified information was compromised in the e-mail and sex scandal. he was asked about david petraeus, perhaps most distinguished army general of his generation, who quit the c.i.a. last week after an f.b.i. investigation discovered that he was having an affair. >> general petraeus had an extraordinary career. he served this country with great distinction in iraq, in afghanistan, and as head of the c.i.a. by his own assessment, he did not meet standards that he felt were necessary as the director of the c.i.a. with respect to this personal matter that he is now dealing with, with his family, and with his wife. and it's on that basis that he tendered his resignation, and it's on that basis i accepted it. >> pelley: in the same question, the president was asked about general john allen, commander of the u.s. forces in afghanistan and his nominee to lead nato. but mr. obama was silent on allen. the same f.b.i. investigation uncovered e-mails between allen and a socialite, jill kelly, who hosted functions for central command in tampa, where both petraeus and
that report to be made public in mid december. >> hallie jackson, thank you. >> president obama will visit new york today. >> hostess may be cutting production for good. you might want to stock up on those twinkiees and wonder bread. >> volume is still light and moving smoothly. >> welcome back. 43 degrees downtown. a chilly start for us but not as cold as yesterday. we will make it up to 50 this afternoon. much cooler outside the city. 37 in catonsville. a mixture of sun and clouds. late this afternoon, about a 20% chance for a rain shower. high temperature near 50. we'll come back and take the forecast through the weekend. >> president obama will visit communities in new york today. he will witness all the devastation caused by superstars sandy. he will likely visit stan island and the rockaways. some residents are still without power appeared we are talking more than two weeks later. the dave matthews is helping victims. the band is pledging $1 million by turning a concert into a benefit concert. a fund was established in new jersey. the money will be used for immediate and long term recove
kelley who she saw as a romantic viral. -- romantic rival. >>> president obama heads to new york today to tour superstorm sandy damage. the president will meet with local officials, first responders, fema staff and families recovering from the storm that hit two weeks ago. he was in new jersey before the election last week parts of and new jersey are still without power. >>> registered sex offender caught volunteering at a south bay catholic school. it is illegal for a sex offender to be on school grounds he claims he had permission from the church. leslie brinkley has details. >> reporter: 51-year-old worked as a volunteer at the catholic school festival last month. they say someone recognized him as a sex offender and notified a santa clara county deputy onsite. he wasn't arrested because he had a letter with written permission from a church official to be there. he is a registered sex offender who reached a plea with the d.a. for molesting a young relative, more than a decade ago. he was at the school festival working the sound system with little to no supervision, with hundreds of
region. five others were injured in that attack. >>> president obama is visiting new york city today. he's getting an update from local officials on superstorm sandy's recovery efforts and the cities most outer burro. randall pinkston talked to staten island residents about the visit. >> reporter: rudy is glad the president is looking at the damage. some relates say fema and private groups have not done enough to get them back on their feet. more than two weeks since the storm, thousands who have homes remain without power and heat. >> everything thinks they're going to be first in line. there's people who need assistance a lot faster than others, eventually they're going o to get to everybody. >> i'm just about this far from the ceiling fan. >> reporter: bob and maxsine road the storm on a foam mattress. they are satisfied with the government's response so far. >> i think it was slow at first. i think once everything kicked in, you know, it was overwhelming. >> reporter: 47,000 new yorkers have applied for housing help, the displaced residents are frustrated and exhausted. they want fem
to the investigation that uncovered the affair. >>> president obama said that new yorkers will rebound. the president made the first trip to some of the hardest-hit areas in new york damaged by hurricane sandy. the new york mayor and new jersey governor toured parts of staten island, devastated by sandy. >> there is a lot of cleanup to do and people still need emergency help, they need heat and hower -- power, they need food and shelter, kids are still trying to figure out why where they going to school. >> the president also looked at the queens area. >>> the national research council found the nation's grid is spread out across hundreds of miles. many key pieces of equipment are unguarded or so old, they lack the sensors to limit the outages. the the portion of the report are given to the department of homeland security. >>> the largest criminal penaltiy in u.s. district. bp agreed to pay $4 billion to the u.s. government over the next five years. and the record settlement in the gulf, bp agreed to a five- year probation term. two bp employees face manslaughter charges in connection to the deaths o
. president obama appeared before reporters at the white house on wednesday for his first news conference since winning his second term. he made some of his most extensive comments on climate change to date, acknowledging that his administration had fallen short in taking on global warming. >> we have not done as much as we need to. what i am going to be doing over the next several weeks it, next several months, is having a conversation with scientists, engineers, and elected officials to find out what more can we do to make short-term progress in reducing carbons, and then working through an education process that i think it is necessary, a conversation across the country, about what realistically can do long term. >> despite hard to take action on climate change, obama said he will not advance any environmental policy that override economic concerns. >> there is no doubt that for us to take on climate change and a serious way would involve making some tough political choices. understandably, i think the american people right now have been so focused and will continue to focus on our eco
? the bad news is related to the state of wisconsin. president obama won the state of wisconsin. he won the state by seven points. more than 200,000 votes. and when wisconsin state senator alberta darling, who is a republican and a co-chair of the romney campaign in wisconsin, when she was asked just after the election whether a photo i.d. law in that state might have affected the results of the election, this is how she responded. >> do you think photo i.d. would have made any difference to the outcome of this election? >> yes, i think so. we're looking at all sorts of different precincts and all sorts of same-day registrations. i know people will say, we won't have fraud and abuse in our election, but why can't we have voter i.d. when the majority of people in our election, why should one judge be able to hold it up? >> the absence of a voter i.d. law, the romney campaign co-chair in wisconsin says is why mitt romney lost the election in that state. do you think the photo i.d. would have made any difference in the outcome? absolutely. really? of this election? yes, i think so. she's s
this morning visited the area of new york recoverying from sandy. mr.obama toured a fema center and talked with people who lost homes and loved once, he said fema will handle the recover with but there is a much longer rebuilding project ahead. >> i was speaking on behalf of the country when i said we are going to be here until the rebuilding is complete. and i meant it. >>> so i am going to come back today but i am also going to be coming back in the future to make sure that we have followed through on that commitment. >> mr. obama announced that hud secretary sean donovan will be the federal government's point person for coordinating the rebuilding efforts in new york and new jersey. >>> parents in san jose are shocked a registered sex offender was allowed at their children's school. we will tell you why he was not arrested and more on the sheriff's investigation. >> mark tamayo will let us know when we will see rain today and he will have specifics on when the main event will arrive in your neighborhood. >>> also ktvu talk wed i talked with the highway patrol on the chase that left a pa
topics during president obama's first news conference since being re- elected. melanie alnwick is live with more. -- and the benghazi attack. >> reporter: we have the controversy over susan rice and now over excia director david petraeus. it was a business bit of a problem. a lot of senators thought he would not be the one to testify ands you reported, he will be testifying but not about the fair that brought him down. president obama yesterday taking on those controversies in a wide-ranging press conference. republicans had been furious about what they see as a changing time line in the september 11th attack on the u.s. consulate in benghazi, libya that killed ambassador chris steve understand and three other americans who were trying to defend the post. they say susan rice gave inaccurate information during her appearances on five sunday talk shows the week after the attack blaming the attack on a video. rice is defended by the president yesterday. >> she has done exemplary work. she has represented the united states and our interests in the united nations with skill and professiona
point. yesterday president obama in his first news conference since re-election exploded at republican finger pointing over rice. >> if senator mccain and senator graham and others want to go after somebody, they should go after me, but for them to go after the u.n. ambassador who had nothing to do with benghazi and was simply making a presentation based on intelligence that she had received and to besmirch her reputation is outrageous. >> earlier sense tore mccain and graham vowed to stop her confirmation. >> i don't trust her. the reason i don't trust her. is i think she knew better. >> we will do whatever is necessary to stop the nomination. >>> back to petraeus. t"the wall street journal" says he was already at odds with james clapper after the cia wanted them to fight back publicly for its role in benghazi. we do have new details on the personal scandal that has enveloped petraeus and john allen from nbc's andrea mitchell who broke the story. >> reporter: at his news conference the president went out of his way to praise petraeus. >> he has provided this country an extraordinary s
. president obama travels to new york today to view firsthand the aftermath of hurricane sandy. thousands of customers, mostly on long island, still don't have power more than two weeks later. >>> former cia director david petraeus is set to testify on capitol hill tomorrow about the deadly attack on the u.s. consulate in benghazi, libya. the closed hearing will not deal with his extramarital affair. >>> and the fda is looking into reports that the 5-hour energy drink could be linked to 13 deaths over the past 4 years and dozens of cases of health problems. >>> today's weather, foggy in san fran to l.a. pleasant along the gulf coast. a chilly morning in the east. with showers and thunderstorms from raleigh all the way down to miami. >>> and finally from us this morning. disney characters like you've never seen them before. >> they are front and center for a holiday tradition at one of new york's most fashionable is stores. call it mini's madison avenue makeover. going from this to this. glammed up, supermodel style, for the holidays. disney's most famous faces, mickey, goofy, snow white,
address in front of it. >> and the fourth new entitlement, obama care, we'd repeal that one. >> we have a few more of those sugar plums in the "sideshow." >>> plet me finish with a book about when we had a hero for a president. this is "hardball," the place for politics. >>> time to bust another 2012 lest myth. the idea took hold that african-americans would not be as fired up to vote as they were four years ago. but here is what the nbc news political desk found in looking at the exit polls. in the states with significant black populations the black vote increased in five states, michigan, mississippi, missouri, ohio, and new jersey. it held firm in pennsylvania, virginia, north carolina, and florida. and it decreased in two states, new york and alabama. neither case was it even close. so much for flagging enthusiasm. we'll be right back. ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >>> welcome back to "hardball." john mccain and his allies have been trying to turn the benghaz
you very much, sharon at the new york merc. >>> president obama visiting storm ravaged areas of new york city this hour. it comes as we get the first pieces of data showing the business impact of super storm sandy. you guessed it -- it doesn't look good. >>> plus, a blockbuster auction for christie's. more than $400 million went under the hammer. we'll tell you about the big winners and the very interesting trend. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. thank you, mr. speaker, uh, members of congress. enjoy free shipping and great values in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents! ah, that was good. too bad n
fifth amendment rights. >>> president obama visit staten island, new york. it comes as new york's attorney general subpoenaed two power companies into a probe into their performance. the subpoenas demand con ed and long island power authority turn over details for storm preparation. >>> straight ahead your thursday morning weather and in sports, what's worse? shooting under your own basket or missing three times? okay, now here's our holiday gift list. aww, not the mall. well, i'll do the shopping... if you do the shipping. shipping's a hassle. i'll go to the mall. hey. hi. you know, holiday shipping's easy with priority mail flat rate boxes from the postal service. if it fits, it ships anywhere in the country for a low flat rate. yea, i know. oh, you're good. good luck! priority mail flat rate boxes. online pricing starts at $5.15. only from the postal service. [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. but they haven't experienced extra stren
obama's first news conference since winning reelection last week, he ended up calling republican criticisms of u.n. ambassador susan rice outrageous. the president called out republican senators lindsay graham and john mccain for their comments saying they would block the u.s. ambassador to the united nations susan rice if she is nominated for secretary of state. >> if senator mccain or senator graham and others want to go after somebody, they should go after me. and i'm happy to have that discussion with them. but for them to go after the u.n. ambassador who had nothing to do with benghazi and was simply making a presentation based on intelligence that she had received and to besmirch her reputation is outrageous. >> summer mccain will do whatever it takes to block the nomination. >>> the president also spoke about the fiscal cliff in his news conference. >> jessica doyle is back and this your money report, the latest on the negotiations and high stakes that families will face if we fall off this cliff. >> president obama said he is willing to work with republicans to prevent th
the assault spontaneous in september reached a boiling point. yesterday president obama and his first news conference since re-election exploded at republicans finger pointing over rice. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. but for them to go after the u.n. ambassador who had nothing to do with benghazi and was simply making a presentation based on intelligence she had received and besmir much her reputation is outrageous. >> earlier, senators mccain and graham slammed rice vowing to stop her rumored nomination as secretary of state. >> i don't trust her. and the reason i don't trust her is because i think she knew better and if she didn't know better, she shouldn't be the voice of america. >> we'll do whatever is necessary to block the nomination. >> all right. so back to petraeus. "the wall street journal" reports he was already at odds with his boss national intelligence directsor james clapper after petraeus wanted the cia to fight back publicly against criticism for its role in benghazi. and we also have new details thi
on standard & poor's, that's the news back drop and the big deal here is does the obama selloff continue this thursday morning and let's see. the opening bell has stopped ringing and trading has begun and we're dead flat to slightly higher. by the time the stocks are open, you can expect the dow to be on the down side and it is, three points lower as of now. listen to this one, we've got news on wal-mart and it's driving that particular stock down. it's revealed that an internal investigation finds possible violations of foreign bribery laws in other countries besides mexico. and the scandal in mexico erupted last year and wal-mart says it's broader than that one country and reports that its sales were down, not good. so, nicole, have we opened lower for wal-mart? >> you know, i'm looking through to try to find the good news, there's little good news, you really have given the points here and we're down about 2 1/2% and sales are below estimates and their outlook is narrower and not good news, it's trailing estimates. and also the fact that traffic, the amount of people going into the st
. connell: president obama is about to or arrive in new york city, he will be toward the area hardest hit by hurricane sandy and all the pictures for for use throughout the day and when the president arrives, five our energy, the founder is here and questions brought up and reports linking of a product to the number of deaths. the founder of the company gets a chance to respond coming up this hour. you don't want to miss that. let's take a look at the winners today on the s&p 500. >> announcer: you never know when, buthieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. s
in on friday. details on that, plus more storms on the way this weekend, coming up 789 . >>> president obama held his first news conference since being reelected. he talked about everything from the looming fiscal cliff to the scandal that brought down david petraeus. >> i hear you have some questions for me. >> reporter: at a press conference where president obama wanted to focus on plans for the next four years, the first question arose from the past few days. >> general petraeus had an extraordinary career. >> reporter: the president said his former cia chief's abrupt resignation following the exposure of an extra marital affair was based on a personal decision. >> i have no evidence at this point from what i've seen that classified information was disclosed that in any way would have had a negative impact on our national security. >> reporter: next topic, the looming fiscal cliff where tax hikes and spending cuts kick in in the beginning of the year unless congress strikes a deal. >> i'm open to compromise and new ideas. >> we should not hold the middle class hostage while we debate tax
the investigation sooner. during a news conference on wednesday president obama praised david petraeus. >> general petraeus had an extraordinary career. he served this country with great distinction in iraq, in afghanistan and as head of the cia. by his own assessment he did not meet the standards that he felt were necessary as the director of the cia with respect to this personal matter that he's now dealing with, with his family and with his wife. and it's on that basis that he tendered his resignation and i accepted it. >> the house panel is looking into the government's handling of the deadly september attack on the u.s. consulate in libya. tomorrow they will hear from david petraeus. susan mcginnis is in washington with more. >> reporter: this is something congressional leaders have been calling for and now general petraeus will be here on capitol hill. his input is seen as critical regarding the attacks in benghazi and also he's expected to be asked about his affair and that fbi investigation. after calls by congressional leadership former cia director david petraeus will testify before cong
and focused on big issues that affected the whole country. >>> president obama is to visit new york's statten to evaluate recovery efforts there. it is his first visit to the impact zone in two weeks. meantime, two of new york's biggest utility companies are cooperating with an investigation into preparation and response to sandy. con ed and long island power both received subpoenas yesterday requesting records on restoring power and communicating with customers. the storm left 2 million in new york in the dark for days. >>> i plan for so-called mart meters in every cab before january will n happen and a contractor is to blame. that employee is now fired. the contracting officer had too many glaring errors in a $35 million bidding deal that went to veriphone. smartmeters have gps technology and tv monitor. nbc 4 has a contract with veriphone to provide contest for those televisions. the bidding process will be restarted >> d.c. council will consider regulations for the popular car service uber. tax drivers say they are stealing business and by not operating as a cab company. uber says some wa
obama is on the ground in new york city looking at recovery efforts following hurricane sandy. this is video from the president departing this morning. 16 days after the storm thousands are still without power. the president scheduled to meet with families responders and local leaders. the hurricane is blamed for a spike in unemployment filings with nearly 500,000 making claims last week the highest level in 18 months. the labor department says most claims came from the states impacted by the storm. people can claim unemployment if there were place closes in washington, the focuses of the so-called fiscal cliff with republicans responding to the president's proposal. >> an opening bid of 1.6 trillion in taxes is not serious. it is more than simpson-bowles or any bipartisan commission has called for. >> mitch mcconnell went on to call move a joke. democrats will be adopted as their position later this afternoon. it is another chilly day in the nation's capital. not as much sunshine today. >> we do not have the psychological sunshine giving us the boost that we in in terms of te
over the the fiscal cliff. as president obama goaded congress today to make him ake up his offer on higher taxes. a wave of new protests swept through europe. governments have already failed their people. that is the choice we face tonight. either our elected officials bring order to our economy, or there wouldn't be any economy to worry about. as the president spoke today, the markets took a dive down 185 points. the dow jones is down nearly 700 points in the last six trading days since president obama was reelected. the nasdaq in a correction of nearly two thirds of the market also and correction teitory. it down more than 10% from recent highs. the markets seem to think that we have had over the fiscal cliff. what did people haveo say to have the pow to stop it? let's ask republican congressman tim huelskamp. welcome to the show, congressman. we definitely want to talk to you about the president's speech today. he said he is ready for compromise. here is the president. >> i am open to compromise and i'm open to new ideas. i have been encouraged over the past week your republic
, but wasted at happen sooner. obama travel to new jersey on halloween with governor chris christie to be with recovery efforts there. many cynics point to the claims that christie's endorsement of obama's efforts was a turning point in the election this year. more to come. the latest on a nightmare for thousands of travelers today and next as president obama me to see as a big corporations. small business leaders are feeling ignored and worried about the future. one of those leaders after the break. tsk ♪ gerri: breaking news for you, fox business can confirm earlier reports that federal housing authority has exhausted, exhausted its capital reserves. now, this is the first time in 78 years the fha could require a taxpayer bailout. according to an independent audit the deficit is 13 and a half billion dollars, again, the fha in big financial trouble. could require a taxpayer infusion. we will continue to follow the story. meanwhile, the republicans and democrats are duking it out over the fiscal cliff. small businesses are suffering from the big uncertainty, sitting on the sideli
. >> sean: all right. that was president obama earlier today in his first news conference in more than 8 months. joining me to help analyze the presser, somebody who is usually in the room, the author of the brand brand book, the outpost, the untold story of american valor. how are you? >> i'm great? >> i follow you on twitter. i love your tweets. i really live and breathe this, which i really like. i went through this with lindsay graham. i felt questions were not asked. you said between the first and second deigate -- debate, you said there was a general feeling in the romney campaign that the media was ready to right the -- write the obama comeback story. they feel as i do that there is an institutional bias. that's what they were saying to you. do you think that's true? >> this election, i didn't get as much of a general scheme because i was just focused on obama, as oppose to the the last campaign, where i hopped around a lot. so i don't know. i think that there are -- ways in which narratives take control and sometimes they're not fair. i mean, i think, just to give a nonpartisan e
is burning. the middle-east is in flames and obama is hold egg news conference with cupcakes thrown by magnolia bakery. how could this be worse for barack obama? how could it be any worse? michael, you explain to me. >> i imagine the president's pretty happy that he won re-election, 7 days ago. clearly, some of these challenges are still on his to-do list. he has a lot of work to do. but the american people have spoken. so even with all the propaganda that your side of the aisle tried to spit out on president obama, he was able to survive. not just survive. he won -- >> i think it was 51% -- >> i understand you are upset. look, i understand you are upset. but it's time to move on-- >>> all right. -- [overlapping dialogue] >> start to figure out to change the mission statement and let's get things done. >> sean: what would you like to ask about benghazi? >> what about obama know? when did he know it? he seemed to say today, he did all he could do. what did he do some when did he do it? when did he learn about petraeus? whenever the senate starts to talk about watergate, what did you
. it's 5:00 in new york city. this is "the five." ♪ ♪ >> kimberly: president obama addressed reporters in the east room of the white house for the first time in eight months this atch. the president made news. but the most contentious moment came when she was asked about the qualification of susan race to be appointed to the head of the state department. you may remember that after the white house and intelligence officials knew the attack on the consulate in benghazi did not evolve from protest over anti-islamic video, she appeared on five sunday news showing blaming the video. the president appeared angry and channeled those who opposed her possible nomination to be the next secretary of state. >> let me say about susan rice. she has done exemplary work. she made an appearance at the request of the white house in which she gave her best understanding of the intelligence that had been provided to her. senator mccain, and senator graham and others want to go after somebody, go after me. but for them to go after the u.n. ambassador, who had nothing to do with benghazi, and simply making
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